GPOX Reports Record Quarterly Revenue with Significantly Improved Gross Margins
Rhea-AI Summary
GPO Plus (OTCQB:GPOX), an AI-powered Distributor for gas stations and convenience stores, reported strong financial results for Q4 2024. The company achieved an 11% year-to-date revenue growth and a $143,183 increase in quarterly revenue compared to the same period last year.
Key highlights include a significant improvement in gross margins from 15% to 28% year-over-year and a 30% reduction in operating expenses. The company is implementing strategic initiatives including warehouse upgrades to temperature-controlled facilities, launching a Cash + Carry service at the Lubbock Regional Hub, and establishing a new call center to target additional retail channels.
GPOX is integrating its GPOX Labs.ai with EDI to enhance inventory visibility and sales analytics. The company's business model focuses on serving the 15-20% of merchandise not handled by primary distributors, offering a streamlined Direct Store Delivery (DSD) platform for convenience stores and gas stations.
Positive
- Revenue increased by $143,183 in Q4 2024 vs Q4 2023
- Gross margins nearly doubled from 15% to 28% year-over-year
- Operating expenses reduced by 30% year-over-year
- Expansion of distribution capabilities through temperature-controlled facilities
Negative
- Company still operating in OTCQB market, not main exchange
- Business model to 15-20% of convenience store merchandise
News Market Reaction
On the day this news was published, GPOX gained 11.11%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Gross Revenues Up
11% YTD with30% Reduction in Operating ExpensesGross Margins Improve from
15% to28% as Company Prepares to Scale
LAS VEGAS, NEVADA / ACCESS Newswire / April 7, 2025 / GPO Plus, Inc. (OTCQB:GPOX), an AI-powered Distributor revolutionizing distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model, is pleased to announce its financial results for the quarter ending January 31, 2025.
When comparing the three-month period ended January 31, 2025, to the same period in 2024, revenues increased by
Strategic Highlights and Operational Progress:
30% Reduction in Operating Expenses Year-over-Year for the 9 months ending January 31, 2025,reflecting GPOX's commitment to disciplined, scalable growth.87% Improvement in Gross Margins, increasing from15% to28% Year-over-Year for the quarter ending January 31, 2025.Warehouse Upgrades Underway to ambient temperature-controlled facilities, enabling an expanded product catalog and optimized storage.
Cash + Carry Launch planned at the Lubbock Regional Hub to serve smaller retailers and unlock additional revenue channels.
New Call Center Initiative to target new sales channels with expanded retail categories, including smoke shops, vape shops, liquor stores, bodegas, and independent gas stations and convenience stores.
GPOX Labs.ai + EDI Integration to provide near-real-time inventory visibility, sales analytics, and streamlined replenishment cycles.
CEO Commentary
Brett H. Pojunis, CEO of GPO Plus, commented:
"We're very pleased with this quarter's results-not just the revenue growth, but the meaningful improvements in margins and operating efficiency. Over the past year, we've refined our model, strengthened our operations, and invested in technology that gives us a significant competitive advantage. Now, we're ready to scale! With warehouse upgrades, new sales channels, and our AI-powered PRISM+ platform driving smarter, faster decisions, GPOX is positioned for rapid growth in the months ahead."
Looking Ahead
The Company's rollout strategy over the next 6-9 months remains laser-focused on expanding retail partnerships and increasing product categories-GPOX specifically targets the
To learn more, visit GPOPlus.com.
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About GPOPlus+ (GPOX)
GPOX is an AI-powered Distributor revolutionizing the future of distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model. Our goal is clear and ambitious: "to build the largest nationwide DSD distribution company servicing gas stations, convenience stores, and beyond." Our technology-driven AI network, featuring strategically placed Regional Hubs and Mini Hubs, is designed to optimize efficiency and maximize reach. Central to our operations is our in-house AI technology platform, PRISM+. Designed to streamline the distribution process, PRISM+ supports efficient delivery, inventory management, data analytics, and overall operational excellence, enabling us to reliably and effectively meet the dynamic needs of our partners. Our mission is to consolidate the fragmented market segment managed by numerous regional vendors. Our dedication to excellence is evident in our product selection process, where we align offerings with consumer demand and partner with top-tier vendors and brands, ensuring our portfolio remains diverse and highly profitable. For more information, please visit www.GPOPlus.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company's need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company's products, and other risks that are detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as "may," "will," "can" "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "seek," "estimate," "continue," "plan," "point to," "project," "predict," "could," "intend," "target," "potential," and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company's actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE: GPO Plus, Inc.
View the original press release on ACCESS Newswire
FAQ
What was GPOX's revenue growth and margin improvement in Q4 2024?
How much did GPOX reduce its operating expenses in 2024-2025?
What new initiatives is GPOX implementing to expand its business?
What percentage of convenience store merchandise does GPOX's distribution model target?
